Business Development Manager

We are currently hiring for the position of Manager – Insurance Broking / Corporate Solutions for our Delhi location. I came across your resume on Naukri and would like to know if you are open to exploring new opportunities.

Please find the job description below. Kindly note that the detailed roles and responsibilities will be discussed during the interview process.

*Job Summary*

The Manager will be responsible for business development, client relationship management, insurance placement, underwriting , and servicing of corporate insurance accounts. The role involves handling end-to-end insurance solutions for clients, coordinating with insurers/reinsurers/brokers, supporting claims and renewals, and ensuring high standards of client servicing and market representation.

Key Roles & Responsibilities (KRA)

1. Business Development & Market Representation:

• Represent the Company professionally in the insurance market and create strong market goodwill.

• Identify and approach prospective corporate and individual clients for business opportunities.

• Conduct cold calls, fix meetings with decision-makers, and generate new business leads.

• Revisit existing and old clients for policy review, cross-selling, and renewal opportunities.

• Develop and maintain strong relationships with insurers, brokers, and corporate clients.

• Generate new business opportunities through networking and market engagement.

2. Client Relationship Management & Servicing:

• Maintain strong relationships with key corporate clients and ensure timely servicing.

• Conduct regular meetings with clients for pending issues, claims follow-up, and policy discussions.

• Respond promptly to client inquiries and provide suitable insurance solutions.

• Coordinate with client locations/plants for operational and servicing requirements.

• Ensure high client satisfaction through proactive communication and support.

 3. Underwriting, Placement & Policy Management

• Procure quotations for fresh and renewal policies from insurers.

• Coordinate with insurers, reinsurers, and foreign brokers for policy placement and RI proposals.

• Handle Property & Casualty, Employee Benefit, CAR/EAR, and allied insurance requirements.

• Prepare QCR (Quote Comparison Reports) and placement documentation.

• Negotiate terms, conditions, and pricing with insurers for best client outcomes.

• Coordinate with plants/units for project insurance requirements and underwriting details.

 4. Claims Coordination & Policy Administration

• Monitor outstanding claims and coordinate with insurers for timely resolution.

• Assist clients with claim documentation and follow-up activities.

• Handle employee benefit servicing including addition/deletion of members and claim assistance.

• Ensure accurate maintenance of policy records and servicing documentation.

 5. Team Support & Coordination

• Support the marketing team in procurement of quotations and insurer coordination.

• Assist team members in client meetings and insurance presentations.

• Guide team members in preparation of QCRs and policy negotiations.

• Review proposals and support placement activities whenever required.

• Coordinate internally to ensure smooth execution of client requirements.

6. Insurer & Market Coordination

• Build and maintain strong relationships with insurers across locations.

• Liaise with insurance companies for new proposals, negotiations, and servicing support.

• Coordinate with domestic and international brokers/reinsurers for placement support.

• Stay updated with market trends, products, and underwriting practices.

Key Skills Required:

• Strong communication and negotiation skills

• Knowledge of General Insurance and Corporate Insurance Products

• Understanding of underwriting and placement processes

• Client relationship and servicing skills

• Ability to coordinate with insurers, brokers, and corporate clients

• Team coordination and presentation skills

• Good analytical and reporting abilities

Preferred Experience:

• Experience in General Insurance Broking / Corporate Insurance

• Exposure to Property & Casualty, Employee Benefits, and Project Insurance

• Experience in handling corporate clients and insurer coordination

• Knowledge of reinsurance coordination will be an added advantage.

Arron Insurance Brokers Pvt. Ltd, Delhi Branch.